New Forex Stuff QFXData.com - AI Forex Analysis

[paulporto]

GBPUSD is still bearish on the bigger picture, but a short term bounce is in play toward 1.333 resistance with about 75 percent confidence.
News sentiment over the last 24 hours favors GBP with 60 percent positive versus USD with 42 percent positive, which can support the retracement.
Positioning shows shorts rising and longs easing, and the flow read points to short covering and short term upside near 70 percent confidence.
A rejection near 1.333 to 1.340 can reopen the path back to 1.318 support.

 

[paulporto]

USDCAD is showing short term downside despite an overall up bias on the intraday chart.
Price is retracing from the March peak with lower highs and broken support, with 1.370 to 1.365 as the next support zone.
News sentiment in the last 24 hours is USD heavy negative while CAD is mostly positive, which supports a softer USDCAD.
Positioning is crowded long and the contrarian read points to a short term drop with high confidence.

 

[paulporto]

USDJPY is ranging between 157 and 160 on H1 while the bigger picture stays bullish.
Short term charts still lean up with higher lows, but long term signals show a pullback after rejection near 160.
News sentiment over the last 24 hours is slightly USD negative while JPY is balanced, which can cap upside.
Position analysis points to a bearish bias as shorts fall and longs rise, hinting at downside risk toward 158 before any bounce.

 

[paulporto]

USDJPY is stuck in a broad 157.00 to 160.40 range with price sitting near the top after a bounce.
Our short term chart view expects sideways action with 75 percent confidence as resistance keeps capping moves.
News sentiment over the last 24 hours shows the USD slightly positive while JPY is heavily negative which can support dips.
Positioning analysis shows shrinking exposure and hints at a rebound bias despite shorts still leading.

 

[paulporto]

USDJPY is still in an overall uptrend but price is stalling under 160 resistance.
Short term outlook is sideways with 75 percent confidence as rejection wicks suggest exhaustion.
Longer view warns of a pullback with 75 percent confidence unless 160.4 breaks cleanly.
News flow supports USD and pressures JPY over the last 24 hours.
Positioning analysis shows fading participation and heavy shorts so range trading looks likely between 157 and 160.4.

 

[paulporto]

GBPUSD is consolidating after a strong rally and range action looks likely near 1.359 resistance with 1.344 to 1.335 as support.
News sentiment over the last 24 hours is GBP negative while USD is more positive, which can cap upside.
Positioning is heavily short and rising, and our contrarian positioning read points to a near term bounce with moderate confidence.

 

[paulporto]

GBPUSD is still leaning bullish on the charts with a 75 percent upside call.
The last 24 hours news mix looks USD supportive with more positive and fewer negative items than GBP.
Even with that, positioning shows 67 percent shorts and the model flags rising shorts and falling longs as fuel for short covering.
Support is near 1.3440 to 1.3470 and resistance sits near 1.3560 to 1.3600.

 

[paulporto]

USDJPY is mixed on the charts.
Short term shows a bounce from post crash support with higher intraday lows and an up call at 80 percent.
Long term stays up overall but the near term looks like a double top with a down call at 80 percent.
News over 24 hours is USD heavy negative at 60 while JPY is more positive at 58.
Positioning stays net long and that supports a contrarian downside view with 65 confidence.

 

[paulporto]

AUDUSD is still in a broader uptrend but a short term pullback looks likely with 75 percent confidence.
AUD news sentiment over the last 24 hours is more positive than negative at 60 versus 40.
USD sentiment is weaker with more negative than positive at 50 versus 31 and 17 neutral.
Position analysis stays bearish as shorts are decreasing and longs are rising which is a contrarian signal for a near term dip.

 

[paulporto]

AUDUSD is ranging after a mid term rally and price is consolidating between 0.710 support and 0.723 resistance.
The next 24 hour news tone is AUD negative with 63 negative versus 10 positive and USD positive with 74 positive versus 11 negative.
Position analysis shows both longs and shorts are falling and shorts trimmed more than longs which suggests net downward pressure.
I stay cautious until a clear break of the range.